Invesment in Crypto — Palm Beach Insider
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What I Bought During the 2017 Crypto Bull Market (Hint: It Wasn’t Crypto)
By Jason Bodner, editor, Palm Beach Insider
The digital age is here. And the widespread adoption of cryptocurrency has barely just begun.
Looking at a chart of bitcoin over the past year — with a 163% gain year-to-date — you might find that hard to believe… You might even think you missed the boat.
The good news is, you still have plenty of opportunity to get in on this massive growth story — but in a different way.
You see, there’s a force on Wall Street that can look far ahead of anyone on Main Street. Some call it “the man” or “insiders.” I know it as “big money.”
Big money are professional investors managing billions of dollars. They typically have huge operating budgets, a fleet of Ivy League PHD researchers, and corporate management of public companies on speed dial. These are the masters of investing. They spare no expense to get their investing edge.
It’s literally their business to know things before anyone else. And once they’re onto something good, you better believe they won’t tell anyone about it until long after they’ve placed their bets.
Here’s why I’m telling you all this…
A Big Money Success Story, Three Years in the Making
On October 23, I told you about a major crypto event. News broke that online payments company PayPal would offer its clients cryptocurrency services.
PYPL has risen nearly 7% since that news. (That may not sound like a lot, but think of it this way: today PayPal has a $253 billion market cap. 7% of that is $17 billion of value added in one month.)
Making 7% in a month is great. But the big money knew PayPal was a winner long before that… In fact, they’ve known for years now.
And so have I…
Full disclosure: I own PayPal stock. But when I bought it, I didn’t know anything about its future with crypto. I didn’t know it would become a $253 billion company.
I did know it had superior fundamentals: strong sales and earnings growth, thick profit margins, and it was a leader in its business segment.
But the most important thing I knew? Big money was buying it.
It’s these qualities that made it show up in my unbeatable stock-picking system back in early 2017. You see, I created a system that scans 5,500 stocks each day. The main thing it looks for is big money buying in stocks with strong fundamentals.
And back in 2017, just as crypto began its legendary ascent, my system flagged PayPal.
That’s all I needed to know, and I jumped on board. I paid $48.46 per share in the first half of 2017. This was long before perhaps even PayPal knew they were going to do anything with crypto wallets. (Remember what I said at the beginning of this essay: Big Money makes it their business to know before anyone else.)
The stock closed at $216.54 yesterday. My investment has grown nearly 350% in that time.
I bought PYPL when it first appeared on my Top 20 report — which ranks the best of the best big-money buy signals, and guides my investment recommendations for subscribers…
Gaining Your Edge in the Digital Currency Age
So what does this all mean for you? Two things…
- You should get on the digital payments train. PayPal has shown that the space has an appetite for crypto, and it’s not going to stop.
- As I mentioned in October, a good ETF for gaining exposure is the ETFMG Prime Mobile Payments ETF (IPAY). It holds a basket of 40 digital payments companies — including PYPL.
- If you want to know about big trends long before the news even comes out, you need an edge. I got my edge by inventing a system to sniff out when the big money is pouncing on quality stocks.
- Luckily, you can have the exact same edge: the one I use for every recommendation in Palm Beach Trader. (To learn how you can get your hands on it, click here.)
It’s one thing to hop onto a trend early on and ride it to great gains. It’s another thing entirely to be on board before the trend even starts.
The digital age is here, and digital payments companies are embracing crypto. You can still profit from this exciting new development with the ETF I mentioned above.
But if you want to be way ahead of the curve… you need to follow the big money. It hasn’t steered me or my subscribers wrong yet, and I don’t expect it to anytime soon.